Europe Financial Crisis

July 1, 2013 - 6:35 AM
A young homeless sleeps under an arcade of a closed bank, in Milan, Italy, Thursday, June 27, 2013. A hard-fought deal on how to pay for future bank bailouts gave European Union leaders a boost going into a summit Thursday, injecting credibility into their efforts to end the spiral of financial and economic troubles. But other challenges await the 27 EU leaders, who will hold talks in Brussels through Friday. Unemployment is at a record high across the bloc, particularly for the young, who have been disproportionately punished by years of crisis and recession. (AP Photo/Luca Bruno)